IMA mulls set of 'principles' for fund groups to help rebuild trust

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The Investment Management Association (IMA) is canvassing fund groups on how to counter the "very significant erosion of trust in financial services" amongst consumers, and has proposed introducing a 'statement of principles' for members.

At a board meeting earlier this month, the IMA discussed the possibility of developing a statement to articulate the values of its members, in light of the potential for "reputational damage" if ba...

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